Tagged Questions

This tag is to be used for any question related to rates between 2 pairs of currencies. If the question is generic, only this tag is sufficient. If its specific for a pair of currencies, ideally both the currency tags should also be used.

assume that there is a very new island-country called xland. they decide to name their currency xdollar and there is 1000 xdollars in circulation. the very first foreigner comes and wants to exchange ...

I've been recently looking at some of the online (electronic) foreign exchange brokerages out there, mainly out of curiosity. However, swamped by the choice, and despite having a somewhat decent idea ...

I am starting to study FOREX again and one thing about trading on the
market through means available to me personally is that one can take
positions on 'currency pairs'. This has made little sense to ...

I am an Israeli citizen. I've bought BitCoin (let us agree for sake of discussion it is a currency) using US dollars.
Let's also assume I never convert the bitcoins to any other currency (but instead ...

Since interest rates are higher in the Euro zone than in the U.S., I'm exploring the possibility of opening a European bank account. For example, IND Direct is offering 3.5% on a 12-month CD, whereas ...

Pretty often I hear someone saying stuff like "The pound is worth more than the US Dollar" or "The Kiwi Dollar is worth less than the Euro".
Well, technically it is correct that 1 pound buys me more ...

If a multinational firm based in country A is listed in both country A and country B, and I invest in this firm as a resident of country B through country B's stock exchange, either through something ...

I earn in euros, but have sterling and dollar liabilities that need to be paid monthly. Assuming the euro will continue to decline against these currencies, is there anything I can do to protect or ...

How do I find a broker that is good at providing forex trading (i.e. foreign exchange / currency)?
Where should I look to learn about what brokers have in terms of brokerage, leverage, and software ...

Specifically, I'm looking at the Forex markets, and I'm waiting for today's US GDP figures. I'm keeping an eye on the financial papers, but where can I find official sources of information, maybe as ...

I tried to use an Indian bank based (HDFC) Multi currency prepaid card in a Bank of America ATM to withdraw some cash. The ATM did spit it out but took it back in weirdly, looked much like it never ...

I've recently moved to the US, but I still own a house and a car in the UK so I need to make regular transfers from the US to the UK in order to pay my UK mortgage. Admittedly I've left it a little ...

My wife and I are both expatriates and our financial situation is complicated by having accounts in different currencies. A frequent topic between the two of us which accounts are the best for keeping ...

I deal with clients in several countries and have two bank accounts in two currencies. Recently, I sent out an invoice with the wrong bank account number, so a client invoiced in SGD made a payment ...

I heard today that all Forex traders are forced by the Forex companies to use large leverages.
Is this true? I understand this might be good for some companies, but possibly bad for the traders. How ...

If I own a company whose assets are 100 barrels of oil valued at $10,000 in some currency, and the currency's value suddenly drops by a factor of two, I would expect that my company is now suddenly ...